Commenting on the forthcoming Budget, George Cowcher, Chief Executive of the Derbyshire and Nottinghamshire Chamber, said:

"Against a backdrop of slow economic growth and ongoing problems in international markets, this year's Budget is set to be the most challenging in recent years.

"In order to stave off the threat of economic stagnation, the Chancellor must deliver a Budget for business, in which he takes bold steps to create growth in the economy by introducing measures to support British business."